BYD News<p>🪡3/x <a href="https://masto.ai/tags/CATL" class="mention hashtag" rel="tag">#<span>CATL</span></a> </p><p>Called <a href="https://masto.ai/tags/M3P" class="mention hashtag" rel="tag">#<span>M3P</span></a> the new batteries are said to be up to 15% more energy dense than LFP batteries, which would allow cars like the Tesla Model 3 to have a range in excess of 400 miles. Reuters reported last week that CATL is now ready to begin mass production of its M3P batteries. They will have greater energy density and perform better than lithium-iron phosphate (LFP) batteries and be less expensive than nickel- and cobalt-based batteries</p><p><a href="https://cleantechnica.com/2023/03/26/catl-m3p-battery-production-begins-doe-predicts-1000-gwh-of-us-built-batteries-by-2023/" target="_blank" rel="nofollow noopener noreferrer" translate="no"><span class="invisible">https://</span><span class="ellipsis">cleantechnica.com/2023/03/26/c</span><span class="invisible">atl-m3p-battery-production-begins-doe-predicts-1000-gwh-of-us-built-batteries-by-2023/</span></a></p>